Vontier Corporation (NYSE:VNT) is looking for M&A. Anshooman Aga Senior Vice President and Chief Financial Officer said, "For the third quarter, we had $100 million ASR that we've executed on, and we'd expect more share buybacks in the fourth quarter. Having said that, we're very active in cultivating our M&A pipeline. It's very strategy-led.
But think of it more bolt-on kind of transactions. But we're going to remain very disciplined and very returns focused. We generate $400 million to $500 million of free cash flow a year.
So over the next 3 years, about $1.5 billion of cash. And between buybacks and M&A, I think we will deploy with high returns".